Hungary’s leading telecom Magyar Telekom said it plans to spend Ft 40 billion to expand its telecommunications network between 2009 and 2013.
By the end of 2013, Magyar Telekom plans to connect 780,000 homes to a fiber-to-the-home (FTTH) network and upgrade the hybrid-fiber-coax network connections of a further 380,000 homes with EuroDocsis 3.0 technology, which permits the addition of high-speed data transfer to an existing cable network.
Magyar Telekom will spend Ft 10 billion on the project in 2009, making capital expenditures for the year roughly level with capex in 2008.
The improvements will allow clients high-speed video downloads and high definition television. (MTI – Econews)